1. TD Bank Beyond Account: $300

Bonus: $300

To qualify: You must receive a total of $2,500 or more via direct deposit within 60 days of opening your new account. Then, the $300 bonus will be deposited into your account within 95 days of opening.

Limitations: This account is not available in every state, so be sure to check. Additionally, there’s no minimum to open an account, but you must maintain a minimum daily balance of $2,500 to avoid the $25 monthly maintenance fee.

Sign up: Visit this TD Checking page, and enter your city and state. Click the orange “open account” button, and follow the instructions to open a TD Beyond Checking account.

No offer expiration.

2. TD Bank Convenience Checking Account: $150

Bonus: $150

To qualify: You must receive direct deposits totaling $500 or more into your new account within 60 days of opening. The $150 bonus will be deposited into your account within 95 days of opening.

Limitations: This account is not available in every state, so be sure to check. There’s no minimum balance requirement to open an account, but you should maintain a $100 daily minimum balance to avoid the $15 monthly maintenance fee.

Sign up: Visit this TD Checking page. Tab over to the correct account, click the orange “open account” button, and follow the instructions to open a TD Convenience Checking account.

No offer expiration.

3. Aspiration Spend and Save Account: $100

Bonus: $100

To qualify: 1.) Open your Aspiration Spend & Save Account and fund your account with at least $10 by May 31, 2020. 2.) Use your Aspiration debit card to make at least $1,000 of cumulative transactions by July 15, 2020. There’s no need to spend extra money — just use your card to buy groceries and pay your utilities.

4. HSBC Premier Checking: $475

Bonus: $475

To qualify: Upon opening your HSBC Premier checking account online, set up recurring monthly direct deposits totaling $5,000 from a third party for three consecutive months, starting the second full calendar month after opening the account. The $475 Welcome Deposit will then be deposited into your account within eight weeks of completing these qualifying activities.

Limitations: Must be at least 18 years of age and have been a US resident for at least two years. Must meet minimum account requirements to avoid monthly maintenance fee.

Sign up: Open an HSBC Premier checking account using the “apply now” button on this page (opening from any other pages will not qualify you for the bonus).

Offer expires June 29, 2020.

5. HSBC Advance Checking: $225

Bonus: $225

To qualify: Upon opening your HSBC Advance checking account online, set up recurring monthly direct deposits totaling $500 from a third party for three consecutive months, starting the second full calendar month after opening the account. The $225 Welcome Deposit will then be deposited into your account within eight weeks of completing these qualifying activities.

Limitations: Must be at least 18 years of age and have been a U.S. resident for at least two years. Must meet minimum account requirements to avoid monthly maintenance fee.

Sign up: Open an HSBC Advance checking account using the “apply now” button on this page (opening from any other pages will not qualify you for the bonus).

Offer expires June 29, 2020.

6. Wells Fargo Everyday Checking Account: $400

Bonus: $400

To qualify: After opening your new account, you must make a minimum deposit of $25. Then you need to set up direct deposit and receive at least $4,000 in your account via direct deposit within 90 days of opening.

Limitations: The offer is available in Dallas, Denver, Houston, Miami, Orlando, Phoenix, Seattle and Washington, D.C. The offer is only valid when you open an account online. If you don’t qualify for the Everyday Checking account but you do qualify for the Opportunity Checking, you can apply this bonus to that account.

7. CIT Bank Savings Builder Account: Up to $300

Bonus: Up to $300

To qualify: Open a new account online with a minimum deposit of $100. Within the first 15 days, you must fund your account with $25,000 to $49,999 to earn a $150 bonus or $50,000 or more to earn a $300 bonus. You must maintain that minimum balance requirement for 90 calendar days after the 15-day funding period.

Limitations: If you already have a CIT Bank account, you must add an additional $25,000 to $49,000 to be eligible for the $150 bonus or an additional $50,000 to be eligible for the $300 bonus.

Sign up: Apply online using this link. Remember to use the promo code Spring20.

Offer expires May 30, 2020.

8. Capital One 360 Performance Savings and 360 Checking: Up to $125

Bonus: Up to $125

To qualify: You can qualify for $25 or $100 with the Performance Savings account and $25 with the Checking account. Opening one does not require that you open the other.

To earn a $25 bonus with the Capital One 360 Performance Savings account, deposit between $250 and $9,999.99 when opening the account.

To earn a $100 bonus with the Capital One 360 Performance Savings account, deposit $10,000 or more when opening the account.

To earn a $25 bonus with the Capital One 360 Checking account, deposit $250 or more when opening the account and make three debit card purchases or Zelle payments (or a combination of the two) within 45 days. The bonus will be deposited 50 days after opening should you meet the requirements.

Limitations: You cannot have an existing Capital One savings or checking product.

9. Bank of America Advantage Banking: $100

To qualify: Open one of the three available accounts using the offer code PSR100CIS. Set up and receive at least two direct deposits of $250 or more, each within 90 days of opening the account.

Limitations: This offer is good for those who don’t already have a personal checking account with Bank of America.

Sign up: Open one of Bank of America’s Advantage banking accounts through this link, using the promo code provided above; choose from Bank of America Advantage SafeBalance Banking, Bank of America Advantage Plus Banking and Bank of America Relationship Banking. Each one requires different opening deposits but offers that same $100 bonus.

Offer expires June 30, 2020.

10. Citibank Basic Banking Package: $200

Bonus: $200

To qualify: Deposit at least $5,000 in “New-to-Citibank” funds into your new checking account within 30 days of opening the account and maintain a minimum balance of $5,000 for 60 consecutive calendar days. Citibank will deposit the $200 within 90 days of activity completion.

Limitations: Cannot have had a Citibank checking account within the past 180 days.

11. Citibank Account Package: $400

Bonus: $400

To qualify: Deposit at least $15,000 in “New-to-Citibank” funds into your new checking account within 30 days of opening the account and maintain a minimum balance of $15,000 for 60 consecutive calendar days. Citibank will deposit the $400 within 90 days of activity completion.

Limitations: Cannot have had a Citibank checking account within the past 180 days.

12. Citibank Priority Account Package: $700

Bonus: $700

To qualify: Deposit at least $50,000 in “New-to-Citibank” funds into your new checking account within 30 days of opening the account and maintain a minimum balance of $50,000 for 60 consecutive calendar days. Citibank will deposit the $700 within 90 days of activity completion.

Limitations: Cannot have had a Citibank checking account within the past 180 days.

13. Chase Total Checking Account: $200

To qualify: Get a $200 bonus when you open a new Chase Total Checking account and set up direct deposit.

Limitations: Must be a new Chase customer. Must direct deposit $500 a month in this and/or any linked Chase accounts or have a balance of $1,500 a month each day to waive the $12 monthly service fee.

Sign up: Visit this Chase Total Checking page to apply online, or enter your email address to get a unique coupon to take with you to open your account at any Chase branch while the offer is valid.

Offer expires July 20, 2020.

14. Chase Premier Plus Checking Account: $300

Bonus: $300

To qualify: Get a $300 bonus when you open a new Chase Premier Plus Checking account and set up direct deposit.

Limitations: Must be a new Chase customer.

Sign up: Visit this Chase Premier Plus Checking page to apply online, or enter your email address to get a unique coupon to take with you to open your account at any Chase branch while the offer is valid.

Offer expires July 20, 2020.

How to Search for Bank Promotions on Your Own

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In the spirit of not listing approximately 193 bank promotions, we kept this list short and sweet — only highlighting the best bank promotions for checking and savings accounts.

But maybe you’re interested in banking with your local credit union, opening up a small business checking account or finding the perfect investment account? There are often bonus offers attached to these account openings, too.

The banks don’t always make finding these promotions easy, so here are a few tips to help you get your hands on that cash bonus.

Check the bank’s website first. Sometimes it’ll advertise its promotions right there. This is rare, but it’s worth a quick check — it could save you a ton of time.

If you don’t have any luck, reach out to the bank’s customer service team through phone, email or chat. Let them know you’re shopping for a new account, and you’d like to know if it’s running any promotions. More often than not, the nice representative will send you a special link.

If this doesn’t work, turn to your trusty friend Google. Look for the best bank promotions. Because you’ll likely dig up some offers from third-party sites, you’ll want to take a few minutes to make sure the offer:

Hasn’t expired.

Is legitimate. Make sure the bank is FDIC-insured and has a positive Better Business Bureau rating. You can even read some online reviews.

Doesn’t require outrageous qualifying activities. For example, it might not be realistic for you to maintain an average daily balance of $50,000 and carry out 60 qualifying debit card purchases before the end of your first 30-day statement cycle.

You can also reach out to your family, friends and social network to crowdsource bank recommendations. Sometimes banks have impressive referral programs, so both you and your friend could benefit from you signing up.

Don’t discount a digital-first bank, we have covered our list of the best online banks to help those interesting in trying something other than a traditional banking institution.

Overall, be smart. Don’t let that promise of an account bonus blind you. Also, read the fine print so you don’t get stuck paying high monthly fees, interest rates or closing penalties.

Will Opening a Bank Account Hurt Your Credit Score?

If you’re worried that opening a new bank account or closing an old one will hurt your credit score, don’t be. Your bank accounts are not included in your credit report and therefore have no effect on your score, unless you have an outstanding negative balance that the bank turns over to a collection agency.

Sometimes when you go to open a new bank account, banks will do a soft credit check. However, that won’t affect your score.

Checking offer is not available to existing Chase checking customers, those with fiduciary accounts, or those whose accounts have been closed within 90 days or closed with a negative balance. To receive the $150 checking bonus: 1) Open a new Chase Total Checking account, which is subject to approval; 2) Deposit $25 or more at account opening; AND 3) Have your direct deposit made to this account within 60 days of account opening. Your direct deposit needs to be an electronic deposit of your paycheck, pension or government benefits (such as Social Security) from your employer or the government. After you have completed all the above requirements, we’ll deposit the bonus in your new account within 10 business days. You can only receive one new checking account-related bonus per calendar year. Bonus is considered interest and will be reported on IRS Form 1099-INT.

Account Closing: If your checking account is closed within six months after opening, we will deduct the bonus amount at closing.

Editorial Disclosure: This content is not provided by the bank advertiser. Opinions expressed here are the author’s alone, not those of the bank advertiser. This site may be compensated through the bank advertiser Affiliate Program.